We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Frozen pension
Options
Babygirl06
Posts: 4 Newbie
Hi,
I have a pension that has been frozen for several years.
Is there anyway I can get the money out of the pension.
Thank you.
I have a pension that has been frozen for several years.
Is there anyway I can get the money out of the pension.
Thank you.
0
Comments
-
not unless you are over the Scheme Pension Age, or 55 with a reduction formula applied, no.
PS - deferred or paid-up, not 'frozen'.The questions that get the best answers are the questions that give most detail....0 -
She could mean 'paid up' as in a personal pension which hasn't received contributions for some time.
Either way, the fact remains you must be 55 to draw benefits from a pension (of any kind).0 -
Babygirl, See the sticky entitled Can I Cash In My Pension.
unless you are over 55 or have been diagnosed with a terminal illness, the answer is no.
If you have financial problems/pressures that lead to this Q, then head over to the Debt Free or Budgeting forums.0 -
Hi there,
Many thanks for your comments.
Babygirl060
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards